PPP Loan information for Superior rock bit company

$298,600

Superior rock bit company was initially approved for PPP Loan of amount $343,400, the current approved amount is $298,600. The loan was approved on 04/06/2020 by The Park State Bank reported 13 jobs and $298,600 was used to fund payroll.

Superior rock bit company is Existing or more than 2 years old

PPP Loan Search / MN / VIRGINIA / Superior rock bit company

SUPERIOR ROCK BIT COMPANY

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUPERIOR ROCK BIT COMPANY

Borrower Address

1401 W CHESTNUT ST

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-3416

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343400.00

Current Approval Amount

298600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-3416

CD

MN-08

Jobs Reported

13

NAICS Code

333120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

29720.00

Payroll Proceed

238880.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

301337.17

Forgiveness Date

03/15/2021

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